Question
Determine the Approximate Modified Duration (AMD) for a bond with the following characteristics: 6.0% YTM (semi-annual bond yield equivalent) 88.8419 Market Price (per $100 par
Determine the Approximate Modified Duration (AMD) for a bond with the following characteristics: 6.0% YTM (semi-annual bond yield equivalent) 88.8419 Market Price (per $100 par value) 10 years until maturity Pays coupons semi-annually (The characteristics of this bond will be used in two questions) Group of answer choices 7.22 8.02 5.63
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Bank Valuation And Value Based Management Deposit And Loan Pricing Performance Evaluation And Risk
Authors: Jean Dermine
2nd Edition
0071839488,0071839496
